Although they do not come together on issues often, consumer advocates and mortgage lenders are calling for the Obama administration to cut back on the lawsuits that are making it harder for potential homeowners to qualify for loans. The lawsuits, hitting the banking industry hard, are allegedly behind more bank denials for home loans based on past credit problems. In…
September 2015
Anyone in the mortgage lending industry should be aware of the upcoming requirements with TRID implementation. Staying compliant with government rules can be complicated, but read on to learn more about the specific transactions that are covered by these new notification rules. Make sure that your company is prepared to comply with these requirements sooner rather than later; taking a…
Although markets on a global level appear to have been less stable in recent weeks, it looks like the U.S. economy is at least moving in the right direction. Some of the global issues that are trickling down to the U.S. are the fact that China attempted to stabilize its stock markets (a move that did not work). Their devaluation…